The Effect of Board of Directors Characteristics on Firm’s Financial Performance: An Empirical Study on the Most Active Firms in the Egyptian Stock Exchange

This paper seeks examining the effect of Board of Directors Characteristics on firm's financial performance in Egypt, using a sample of 50 more active Egyptian companies listed on the Egyptian Stock Exchange of the non-financial sector covering the period of three financial years from 2012 to 2017. Board of Directors Structure is represented by CEO Duality, Board Size, Board Meetings, Independence board members and Gender Diversity. Return on Assets (ROA), Return on Equity (ROE) and Tobin's Q is used as a proxy for Firm financial Performance. In this research, correlation and regression analysis are used to examine the relationship between Corporate Governance and firm's financial performance.